Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 3.49
Mortgage as Percentage of Income: 30.32%
Loan Affordability Index: 3.30
Price to Rent Ratio - City Centre: 10.50
Price to Rent Ratio - Outside of Centre: 8.30
Gross Rental Yield (City Centre): 9.52%
Gross Rental Yield (Outside of Centre): 12.05%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,742.22 1,340.00-2,000.00
1 Bedroom Apartment Outside of City Centre $1,281.20 1,092.00-1,600.00
3 Bedroom Apartment in City Centre $2,984.44 2,200.00-3,500.00
3 Bedroom Apartment Outside of City Centre $2,012.00 1,601.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $362.76 243.13-435.71
Price per Square Feet to Buy Apartment Outside of Centre $203.16 195.09-221.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,365.23
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.13 6.00-7.00

These data are based on 121 entries from 19 contributors over the past 18 months.
Last update: 1 August 2026

Sources and References
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